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Statement of Retained Earnings McGregor Company had the following balances and results for the current calendar year: Retained earnings, January 1 $60,000 Cash dividends declared
Statement of Retained Earnings
McGregor Company had the following balances and results for the current calendar year:
| Retained earnings, January 1 | $60,000 |
| Cash dividends declared | 5,000 |
| Net income for the year | 20,000 |
Prepare a statement of retained earnings for the year ended December 31, 20--.
| McGregor Company | |
| Statement of Retained Earnings | |
| For Year Ended December 31, 20-- | |
| $fill in the blank 2 | |
| fill in the blank 4 | |
| $fill in the blank 5 | |
| fill in the blank 7 | |
| $fill in the blank 9 | |
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